MARKETS DAILY: Crypto Update | Bitcoin's Correlation with Risk Assets

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CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 11 April 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

The latest price moves and insights with Helene Braun and Philippe Bekhazi, CEO and Founder of XBTO. To get the show every day, follow the podcast here. On "Markets Daily," —Phillippe Bekhazi, CEO and Founder of XBTO, joins Markets Daily with insight on Bitcoin's current position and the potential impact of economic data on the crypto market. They also discuss the trend of Bitcoin forming an upward triangle and its correlation with risk assets. Bekhazi talks about the potential approval of an Ether ETF by the SEC and the significance of a spot Bitcoin ETF in Hong Kong. Chapters | 00:00 Introduction and Technical Difficulties 05:30 Bitcoin's Upward Triangle and Potential 13:01 Conclusion LINKS | CoinDesk 20 XBTO - Consensus 2024 is where experts convene to discuss ideas shaping our digital future. Join developers, investors, founders, brands, policymakers, and more in Austin, Texas from May 29-31. CoinDesk curates the tenth annual Consensus to feature the industry’s most sought-after speakers, unparalleled networking opportunities, and unforgettable experiences. Take 15% off registration with the code MD15. Register now at consensus.coindesk.com. - This episode was hosted by Helene Braun. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:40.8	Start your free 30-day trial at audible.com slash Wondery, UK.
0:45.6	That's audible.com slash Wondery, UK.
0:49.3	If you were to go to sleep today and not wake up for five years, would you prefer to sleep on a Bitcoin?
0:56.3	Would you prefer to sleep on $70,000?
0:58.9	You know, obviously our recommendation would be like, hey, put a little bit in Bitcoin because that's probably going to play well in your favor.
1:16.0	Welcome to Markets Daily for Thursday, April 11th, 2024.
1:20.9	Join us as we delve into the insights of the sharpest minds in the investment world,
1:26.2	season investors, traders, analysts, and anyone else you would like to hear from.
1:29.4	I'm Helene Braun, markets reporter at Coinness.
1:33.0	Once again, joining you from Miami, as you can see.
1:34.2	Same background.
1:37.0	I know I could technically be anywhere, but I promise you,
1:39.2	there are palm trees behind these curtains.
	...

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